The rule of due caution is commonly known in road traffic situations. However, it is also very useful in other areas of life and that includes business, too.
Last week I spoke with a translation company managing director who asked me how best to organise their production team.
As a rule, translation agencies are started by professional translators, not professional managers. In fact, less than 10% are established by business people. The majority of them developed from one-person ”agencies” which were launched, managed and grown by translators.
When I meet translation company owners I often hear them say, ”We are a small translation company”. There are so many of them who have great potential, are great leaders and have great teams. But still, they decide to stay small.
A typical translation project has changed over the years. Now, it is usually small, rushed, cheap, has little context and needs many language combinations.